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Income Tax - Highlights / Catch Notes

Home Highlights July 2013 Year 2013 This

Depreciation - software was also registered as trademark. AO's ...


Court Approves Depreciation for Software Registered as Trademark, Rejects Assessing Officer's Objection on Intangible Asset Status.

July 26, 2013

Case Laws     Income Tax     HC

Depreciation - software was also registered as trademark. AO's objection that, on mere development of a new software depreciation as an intangible asset cannot be granted therefore would not survive - HC

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